The Motoring News for March 2009
March 2009
NICE Mega City
NICE Car Company Resumes Trading
London's electric vehicle specialist, NICE Car Company, has resumed trading as the London sales arm of AIXAM-MEGA Ltd, maker of the MEGA e-City electric passenger vehicle and the MEGA Multitruck range of ultra-light electric and diesel commercial vehicles. AIXAM-MEGA Ltd acquired the assets of NICE after it went into administration in November and has confirmed that the terms of ownership for existing customers will remain unaffected, with warranties remaining intact. Following the closure of the NICE showroom in West London, AIXAM-MEGA Ltd will operate NICE as a direct sales arm for the London area. the full story
London's electric vehicle specialist, NICE Car Company, has resumed trading as the London sales arm of AIXAM-MEGA Ltd, maker of the MEGA e-City electric passenger vehicle and the MEGA Multitruck range of ultra-light electric and diesel commercial vehicles. AIXAM-MEGA Ltd acquired the assets of NICE after it went into administration in November and has confirmed that the terms of ownership for existing customers will remain unaffected, with warranties remaining intact. Following the closure of the NICE showroom in West London, AIXAM-MEGA Ltd will operate NICE as a direct sales arm for the London area. the full story
Published on: 13th Mar 2009
Red Nose Day Car Auction
As a supporting partner of Red Nose Day 2009, Kia Motors (UK) Limited has been really getting into the spirit of doing 'Something Funny for Money' and last week Kia dealers from all around the UK auctioned off their 'pimped' Part-Ex's at BCA's Measham centre. A total of 15 cars were 'tweaked, tuned and pimped' by Kia dealers and offered for sale on 6th March 2009. the full story
As a supporting partner of Red Nose Day 2009, Kia Motors (UK) Limited has been really getting into the spirit of doing 'Something Funny for Money' and last week Kia dealers from all around the UK auctioned off their 'pimped' Part-Ex's at BCA's Measham centre. A total of 15 cars were 'tweaked, tuned and pimped' by Kia dealers and offered for sale on 6th March 2009. the full story
Published on: 12th Mar 2009
Used Car Auction
Bentley Continental GT Coupe
Bentley Continental GT Auction
BCA Newcastle in Whitley Road, Longbenton offers a rare opportunity to buy a used Bentley Continental on Tuesday 10th March 2009. The 2007 registered Bentley Continental GT Coupe is powered by a twin-turbo 12-cylinder 6. 0-litre engine that covers 0 - 60 mph in 4. 7 seconds and has a top speed of 198 mph. This particular example is finished in diamond black and has covered 35,260 miles from new, with a full service history to support the mileage. the full story
BCA Newcastle in Whitley Road, Longbenton offers a rare opportunity to buy a used Bentley Continental on Tuesday 10th March 2009. The 2007 registered Bentley Continental GT Coupe is powered by a twin-turbo 12-cylinder 6. 0-litre engine that covers 0 - 60 mph in 4. 7 seconds and has a top speed of 198 mph. This particular example is finished in diamond black and has covered 35,260 miles from new, with a full service history to support the mileage. the full story
Published on: 6th Mar 2009
Car Dealers Concerned!
‘Car dealers are naturally concerned about profitability in the current economic climate, but at the same time some improvements have been made in the relationship with manufacturer partners,’ according to Sue Robinson, Director of the RMI National Franchised Dealers Association (NFDA), commenting on the findings of the latest NFDA Dealer Attitude Survey. The NFDA Winter 2008- 2009 Dealer Attitude Survey, published this month, shows that dealers have concerns about ongoing financial growth, but remain confident about the future:48 per cent of networks are satisfied with the profit return of their franchise. the full story
‘Car dealers are naturally concerned about profitability in the current economic climate, but at the same time some improvements have been made in the relationship with manufacturer partners,’ according to Sue Robinson, Director of the RMI National Franchised Dealers Association (NFDA), commenting on the findings of the latest NFDA Dealer Attitude Survey. The NFDA Winter 2008- 2009 Dealer Attitude Survey, published this month, shows that dealers have concerns about ongoing financial growth, but remain confident about the future:48 per cent of networks are satisfied with the profit return of their franchise. the full story
Published on: 6th Mar 2009
Used Car Prices on the Rise
The latest BCA Pulse report for February shows that average used car values have risen for the fourth month running. the full story
The latest BCA Pulse report for February shows that average used car values have risen for the fourth month running. the full story
Published on: 6th Mar 2009
Used Car Prices are on the rise
A calmour for used car stock in the open trade market has led to some of the strongest price rises in Black Book history. Despite gathering recession and the slump in new car orders, used car dealers are reporting strong retail demand and paying anything up to £500 more for a 3yr old standard volume vehicle than at the start of the year. According to the March edition of Black Book late plate cars are especially strong, due in part to weakness in the new car sector leading to dramatically reduced supply. A notable feature of the current market is increaseddemand for stock from franchised dealers in particularwho would normally rely heavily on the influx of part-exchange cars from new vehicle sales, along with nearly new cars generated by the pursuit of new car volume bonuses. Another emerging factor in the shortage of used stock is the export of used cars to the Irish Republic and even to some left hand drive eastern European markets, sparked by the weakness of sterling. the full story
A calmour for used car stock in the open trade market has led to some of the strongest price rises in Black Book history. Despite gathering recession and the slump in new car orders, used car dealers are reporting strong retail demand and paying anything up to £500 more for a 3yr old standard volume vehicle than at the start of the year. According to the March edition of Black Book late plate cars are especially strong, due in part to weakness in the new car sector leading to dramatically reduced supply. A notable feature of the current market is increaseddemand for stock from franchised dealers in particularwho would normally rely heavily on the influx of part-exchange cars from new vehicle sales, along with nearly new cars generated by the pursuit of new car volume bonuses. Another emerging factor in the shortage of used stock is the export of used cars to the Irish Republic and even to some left hand drive eastern European markets, sparked by the weakness of sterling. the full story
Published on: 2nd Mar 2009
Buy a Used Car and Aid Red Nose Day
There’s never been a better time to buy a used car as prices are as keen as they have ever been. the full story
There’s never been a better time to buy a used car as prices are as keen as they have ever been. the full story
Published on: 2nd Mar 2009
